President Donald Trump told reporters on the White House lawn on Friday that if the Federal Reserve cut interest rates then the U.S. economy would climb like"a rocket ship."
div > div.group > p:first-child"> "I think they should drop rates and get rid of quantitative tightening. You would see a rocket ship. Despite that we're doing very well," Trump said. Trump believes the Fed"really slowed us down" in terms of economic growth, saying that"there's no inflation." His comments comes as others in the White House have called for the Fed to cut interests rates by as much as 50 basis points.
Following the Fed's most recent meeting in March, the central bank decided to maintain interest rates and hold off on any further increases for now. As Trump's chief economic adviser Larry Kudlow did on Friday, Federal Reserve Chairman Jerome Powell highlighted the slowing global economy.But unlike the White House, the Fed did not conclude in March that slowing global growth means the bank should begin cutting rates.
а с ремиссию то давно не ходили ли до греков?-это вопрос
And yet he appoints Herman Cain that likes the gold standard.
And then crash like Challenger.
....and when that “rocket” quickly burned out of fuel (Kudlow’s .50 rate cut suggested) there’d be “NO CHUTE” to slowly its falling!!
Rockets eventually fall back to earth. How hard can depend on how prepared you are.
Obama and Biden inherited The Great Republican Recession. They put millions of people back to work and the unemployment rate was under4.9% when the Dems left office. Trump inherited a great Democratic economy.
Spoken like a true real estate guy. Hey Trump. Not everyone can use their daddy’s buildings as collateral and gobble up assets during a bubble. You would love another bubble, right! Let’s make that wealth gap even wider!
No more FED running the economy. Change not for a year.
Inflationary rocket ship.
Not convinced that anyone needs trumps advice on monetary policy. Unless it’s how to evade paying your debts and employees.
Trump trying to win an election by strong arming the Fed & abusing the PPT.... THIS IS A TOTALLY FAKE MARKET!
Sooner or later Trump's economy will devastate retirees who are forced to overinvest in shares.
Trump doesn't give a damn about the people who voted for him. Millions of them cannot afford rent, healthcare or college.
Yeah so we can falsely inflate the economy so it can crash after you get voted out DonTheCon
Then perhaps you should ask Herman about his 9.99% plan...
And your millions or billions in debt would see less interest pile up... yup.
🚀
Ma tante sera mon oncle si elle en avait.......
Trump strategy. Create a bubble that lasts thru November election to try and get one more term so he can stay out of jail. Borrow and steal from the future. Run up the debt, inflation, whatever necessary to keep the ball in the air just long enough so he doesn't leave in cuffs
Hell yeah!
He's always right unlike you retahds.